New MPesa Charges for Year 2019

The following are Charts and Lists of the recently Updated MPesa Charges for year 2019 which You will be Charged for when You Transfer (Send) Money, Withdraw Money via Mobile Phone or Withdraw Money via ATM in Kenya.

Going by the rate at which almost every other Business entities in Kenya are embracing the Cashless form of Payment via MPesa, it is Essential to Understand How MPesa works and the MPesa Charges levied for successful MPesa Transactions happening on the MPesa Mobile Money platform.

First, MPesa enables two parties engaged in a Business Transaction to Make Payments and Receive Payments via their MPesa Mobile Money Wallets.

The only prerequisite to carrying out a Successful MPesa Transaction is that both trading Partners should have MPesa enabled Safaricom SIM cards that are active and working in their Mobile Phones and that the Entity that is crediting the MPesa Wallet of the Recipient has Sufficient Balance in their MPesa Wallet.

The MPesa Transations are a Safe, Convenient and Quick mode of making Cash Transactions that are Easy to Carry Out by anyone with access to any type of Mobile Phone whether they be Kenyans or Foreign Nationals currently working in Kenya.

MPesa Transactions attract a Service Charge / Levy to Process the Money Transfer or Money Withdrawal activity. The purpose of the Article on this Page is to Brief You about these MPesa Charges so that You know How much Fees / Rates your MPesa Transaction will attract.

Some MPesa Transactions will Surprisingly enough NOT attract any MPesa Charges while others will by default be Charged. The MPesa Charges are NOT overbearingly too much for Transactions involving Large sums of Cash but it is Good to have an idea about How much is being Charged for Transacting on the MPesa Platform.

If you are Trading in Crypto Coins, you may already be aware about How much MPesa Charges You are likely to Pay when Selling or Buying Crypto Currency Coins but it does NO harm to keep this article for Your future reference should You want to Check How much MPesa Charges a Crypto Currency Coins Trade will Cost you.

It may NOT be much but it is good to know How much is being charged for the MPesa transactions you are making when Buying and Selling Bitcoin, Ethereum, Monero and other Crypto Coins you are able to Buy and Sell using MPesa in Kenya.

If you are not already conversant about the MPesa charges that you are expected to pay for MPesa transactions in Kenya when Buying and Selling Bitcoin, Ethereum, Monero and other Crypto Coins from Bitcoin Traders and other Crypto Coin Traders in Kenya, refer to the tabulated MPesa charges herein to guide you on How much your Bitcoin and Crypto Coin Transactions via MPesa will cost you.

Knowing about the MPesa charges you are likely to incur for your Bitcoin Sales or Bitcoin Purchases in Kenya provides you with foresight that helps you in adjusting the figures to factor in your Profit Margins.

Important Things you should take NOTE about MPesa charges in Year 2019

The Maximum Account Balance you can have in your MPesa is KShs 100,000.

The Maximum Transaction you can make in a Day is KShs 140,000.

The Maximum allowed Transaction you can make is KShs 70,000 ( If you want to send KShs 80, 000 you would first make a KShs 70,000 Transaction followed by another Transaction of KShs 10,000).

At an MPesa Agent shop You cannot withdraw less than KShs 50.

Your Safaricom line and MPesa account must be active for You to be able to make an MPesa transaction.

Take note that you cannot deposit Money to another person’s MPesa account at an MPesa agent shop. You would need to do that from your Phone’s MPesa account after topping up your MPesa with Cash.

You will earn Bonga points when you Transact from your MPesa account.

For you to Transact at any MPesa Agent shop, it will be required of you to produce your original Identification Document, that is, your National ID Card or Kenyan Passport.

You will Get 3 FREE Transactions per Day for amounts KSh 1 to KShs 100, thereafter KSh 1 for (1-49) and KShs 2 (50-100) will apply.

Dial *234# at any given time of the Day to check the Applicable MPesa Charges or use MPesa cost calculator on mySafaricom App

By the way, these MPesa charges are originally provided by Safaricom here.

When you want to withdraw your Bitcoin, Ethereum, Monero or any other Crypto Coins to Kenya Shillings via MPesa, the Bitcoin Trader / Crypto Coins Trader you are transacting with will send you Kenya Shillings to your Mobile Money Wallet.

To cash out the Money in your MPesa Mobile Money Wallet to Buy Groceries, Buy Newspaper, Pay Bus Fare or Pay for something in Cash, you will need to visit an MPesa agent shop to withdraw from MPesa.

Below is the tabulated list of the updated MPesa Charges that will be charged automatically from your MPesa Mobile Money Wallet in Kenya at an MPesa agent when you withdraw Money in Kenya Shillings.

How to check the MPesa Fees / Rates that You will be Charged for Money Withdrawal from an MPesa Agent Shop in Year 2019

Determine the amount of Money in Kenya Shillings you want to Withdraw from MPesa Agent Shop.

Check if the amount of Money in your MPesa Mobile Money Wallet exceeds the amount of Money you want to Withdraw.

Establish the range for which the Money you want to Withdraw falls in the between the Minimum and Maximum Kenya Shillings in the Table for MPesa Withdrawal Charges.

Finally, check for the corresponding MPesa Charges on the right of the MPesa Withdrawal Table for the amount that your MPesa account will be deducted for.

That’s all.

Below is the updated MPesa Charges Table showing the recent Rates Charged for Money Withdrawal from an MPesa Agent Shop

MPesa Fees / Rates that You will be Charged for Money Withdrawal from an MPesa Agent Shop in Year 2019

Minimum (KShs)

Maximum (KShs)

MPesa Charges/ Costs

1

49

N/A

50

100

10

101

500

27

501

1,000

28

1,001

1,500

28

1,501

2,500

28

2,501

3,500

50

3,501

5,000

67

5,001

7,500

84

7,501

10,000

112

10,001

15,000

162

15,001

20,000

180

20,001

35,000

191

35,001

50,000

270

50,001

70,000

300

How to check the MPesa Rates / Fees that You will be Charged for Sending Money via MPesa to Unregistred MPesa Users

Decide on the amount of Money you want to the Person who has not registered for MPesa.

Verify that your MPesa Balance exceeds the amount of Money you want to Send to the unregistered MPesa user.

Once you Determine that there is enough Money to Send to your intended Recipient, check the range where the amount of money you want to Send falls in the Table for MPesa Charges for Money Transfer to Unregistered Users.

After determining the row where the amount of Money you are sending is falling between the Minimum and Maximum limits, check to the right to establish the MPesa Charges you are supposed to Pay for your Transaction.

MPesa Charges for Transferring Money in Kenya to Unregistered Mobile Users in Year 2019

Minimum (KShs)

Maximum (KShs)

MPesa Charges / Costs

1

49

N/A

50

100

N/A

101

500

45

501

1,000

49

1,001

1,500

59

1,501

2,500

74

2,501

3,500

112

3,501

5,000

135

5,001

7,500

166

7,501

10,000

205

10,001

15,000

265

15,001

20,000

288

20,001

35,000

309

35,001

50,000

N/A

50,001

70,000

N/A

How to check the MPesa Fees / Rates that you will be Charged for Sending Money via MPesa to other MPesa Users.

Make a decision about the exact amount of Money you want to Send.

Confirm if your MPesa account Balance has more Money than the amount you want to Send.

Determine the Minimum and Maximum range between where the amount of Money you want to Send falls in the Table for MPesa Charges for Money Transfer to other MPesa Users.

Check to the right of the row where your range lies for the amount of MPesa charges that you will be charged for.

It is that simple.

Below is the Table showing the recent Rates for MPesa Charges for Money Transfer to other MPesa Users.

MPesa Charges for Transferring Money in Kenya to other MPesa Mobile Users in Year 2019

Minimum (KShs)

Maximum (KShs)

MPESA Charges/ Costs

1

49

FREE

50

100

FREE

101

500

11

501

1,000

15

1,001

1,500

26

1,501

2,500

41

2,501

3,500

56

3,501

5,000

61

5,001

7,500

77

7,501

10,000

87

10,001

15,000

97

15,001

20,000

102

20,001

35,000

105

35,001

50,000

105

50,001

70,000

105

How to check the MPesa Rates / Fees that you will be Charged for Sending Money via MPesa to Mobile Users of other Mobile Networks (Non Safaricom subcribers like Airtel)

Decide on the amount of Money you want to Send to the Non Safaricom Subscriber.

Check that you have enough Money to Send in your MPesa balance account.

Determine the row with the range between the Minimum and Maximum limits where the amount you want to Send falls in between from the Table for MPesa Charges for Money Transfer to Mobile Users of other Mobile Networks (Non Safaricom subcribers like Airtel).

Check to the right of the row where the range of the amount of Money you want to Send lies within for the MPesa Charges that you will be charged for.

It is that easy.

Below is the recently updated Table for MPesa Charges for the Money Transfer to Mobile Users of other Mobile Networks (Non Safaricom subcribers like Airtel)

MPesa Fees for Transferring Money to other Mobile Money Users in Year 2019

Minimum (KShs)

Maximum (KShs)

MPesa Charges / Costs

1

49

N/A

50

100

N/A

101

500

11

501

1,000

15

1,001

1,500

26

1,501

2,500

41

2,501

3,500

56

3,501

5,000

61

5,001

7,500

77

7,501

10,000

87

10,001

15,000

97

15,001

20,000

102

20,001

35,000

105

35,001

50,000

105

50,001

70,000

105

How to check the MPesa Rates / Charges that You will be charged for Money Withdrawal via ATM

Determine the Amount of Money you want to Withdraw.

Secondly, verify if you have sufficient funds in your MPesa account.

Then Check the range for the amount of Money which you want to Withdraw falls into on the ‘MPesa Charges for ATM Withdrawal’ Table.

Thereafter, Pin Point the row where the amount you want to withdraw falls on the ‘MPesa Charges for ATM Withdrawal’ Table.

Finally, check on the extreme right of the row for the MPesa Charges you will be required to Pay for your Transaction.

That’s just about it.

Below is the updated ‘MPesa Charges for ATM Withdraw’ Table.

MPesa Rates for ATM Withdrawal in Kenya in Year 2019

Minimum (KShs)

Maximum (KShs)

MPesa Charges / Costs

200

2,500

34

2,501

5,000

67

5,001

10,000

112

10,001

20,000

197

Based on the above tabulated data for MPesa Charges, the following commonly asked Questions about MPesa Charges can be correctly answered using these MPesa Charges Charts and Lists.

Answers to some frequently asked MPesa Charges Questions.

How much does it cost to withdraw 50 from MPesa? The answer is KShs 10. Any MPesa withdrawal between KShs 50 and KShs 100 is charged KShs 10.

How much does it cost to withdraw 100 from MPesa? The answer is KShs 10. Any MPesa withdrawal between KShs 50 and KShs 100 is charged KShs 10.

How much does it cost to withdraw 200 from MPesa? The answer is KShs 27. Any MPesa withdrawal between KShs 101 and KShs 500 is charged KShs 27.

How much does it cost to withdraw 500 from MPesa? The answer is KShs 27. Any MPesa withdrawal between KShs 101 and KShs 500 is charged KShs 27.

How much does it cost to withdraw 1000 from MPesa? The answer is KShs 28. Any MPesa withdrawal between KShs 501 and KShs 2500 is charged KShs 28.

How much does it cost to withdraw 2000 from MPesa? The answer is KShs 28. Any MPesa withdrawal between KShs 501 and KShs 2500 is charged KShs 28.

How much does it cost to withdraw 3000 from MPesa? The answer is KShs 50. Any MPesa withdrawal between KShs 2501 and KShs 3500 is charged KShs 50.

How much does it cost to withdraw 4000 from MPesa? The answer is KShs 27. Any MPesa withdrawal between KShs 3501 and KShs 5000 is charged KShs 67.

How much does it cost to withdraw 5000 from MPesa? The answer is KShs 67. Any MPesa withdrawal between KShs 3501 and KShs 5000 is charged KShs 67.

That’s all! I hope this helps someone looking for such information before making an MPesa Withdrawal transaction.